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Itron, Inc. Message Board

  • ragriff ragriff Apr 22, 1998 5:50 AM Flag

    Get Out Now

    This is a company that has a needed product, seems to be able to sell it, but can't make any damn money. $153 K on $63 M in sales? Pitiful. I am outta here.

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    • I'm still here though unhappy like everyone else with the market reaction this morning. What does the market expect? At
      least Itron made a profit this quorter which is better than their historical losses. I think they have now turned the page and
      forging ahead. I'm holding on for another six month period to see if they get the SCE contract or any other iron in the fire which
      they have. Historicly, Itron's shares go up in sympathy with their factory orders, not the release of their earnings report.
      I have bought and sold Itron shares a few times in the past two years and made good return on each investment.

      Don't give up the boat!

      Regards to all investors, itausam

      • 1 Reply to itausam
      • As I understand it the conference call was given with a negative tone. I believe they were disappointed that the one utility they were dealing with delayed it's order. I think it was overly pessimistic, probably reflecting their emotions. It took the analysts to deceifer the fact that they had not lost the contract to anyone it was just delayed. What a suprise!! A utility delaying their decision.

        I agree the sell off is way over done. But such is the case with small caps. They move up and down with just a little push. I would have to also agree with you that the stock will be more likely to move with orders that they get rather than earnings. Just look at CNDS.

        Joe Plesha

41.95-1.88(-4.29%)Jun 24 4:00 PMEDT